DOGE and SHIB Price Analysis for January 15

Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.

The market is facing a slight correction as the rates of some coins are in the red zone.

Top 10 coins by CoinMarketCap


The rate of DOGE has dropped by 2.28% over the last 24 hours.

DOGE/USD chart by TradingView

On the daily chart, the current decline has not affected the technical position of DOGE as the rate remains in the bullish zone — above the support at $0.08.

If buyers can hold that mark, the more likely scenario is sideways trading in the range of $0.08-$0.085 so the altcoin could accumulate more energy for a further upward move.

DOGE is trading at $0.08471 at press time.


SHIB has followed the drop of DOGE, going down by 2.55%.

SHIB/USD chart by Trading View

SHIB is trading similarly to DOGE as the price is stuck in the narrow range between the support at $0.00000967 and the resistance at $0.00001055. If the rate remains above the $0.000010 mark, the growth may continue to the $0.000011 zone next week.

SHIB is trading at $0.00001010 at press time.

Source link

Share this article: